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Forbearance Exits Expected to Add Inventory

Pro Builder

Forbearance Exits Expected to Add Inventory. A wave of inventory could come soon as hundreds of thousands of homeowners are expected to exit forbearance, with a significant share likely to list their homes. This not only benefits the market’s inventory problem, but homeowners can benefit from the significant price appreciation.

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Homebuilders Keep a Steady Pace as the Market Cools

Pro Builder

The housing market is cooling, asking prices are dropping, and inventory is on the rise across the U.S., KB Home noted that its typical buyer has a household income of $125,000, a credit score around 730, and puts $75,000 down when buying a home. Importantly, people still have their jobs and incomes, so that buyer pool still exists.

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10 of the Hardest Metros to Snag a Home

Pro Builder

market while housing inventory is down, resulting in a competitive market, but these metros are the most competitive. SmartAsset identified the hardest places to purchase a home in America by analyzing the affordability, inventory, and pricing levels of the top 50 U.S. Home prices are up in nearly every U.S. Read More. .

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How Employer-Assisted Housing Programs Are Paving a Path to Homeownership

Pro Builder

The rate of homeownership fell to just 38% for first-time buyers in 2021 as a result of record high housing costs, record low inventory, and stagnant wage growth across the U.S. The program is initially available in Washington, Virginia, and Tennessee, where the online retailer has major hubs. New-Home Sales. Human Resources.

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How Low Will Home Prices Go?

Pro Builder

In the wake of a housing reset, experts adjusted their forecasts to follow a slower growth pattern throughout the remainder of 2022, but as prices reach unsustainable highs and inventory falls to a historic low, Goldman Sachs economists are now calling for “home price growth to stall completely” in 2023, the CalculatedRisk Newsletter reports.

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The 2020 Housing Issues Sticking Around This Year

Pro Builder

Low inventory, high home prices, working from home, rising home values—all these factors were a part of the flourishing housing market this year, but will they continue on through 2021? Many problems from 2020 will live on, says the Washington Post, such as housing affordability. Mon, 01/11/2021 - 09:13. And more than half of U.S.

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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Other examples of cash inflows are borrowed funds, income derived from sales of assets, and investment income from interest. The concept of profit is somewhat broad and only looks at income and expenses over a certain period, say a fiscal quarter. Keep your inventory as low as possible. Cash is king!